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IB Economics IA : Macroeconomics Monetary Policy (Interest Rates)
Essay • 6
pages
• 2021
This is a Macroeconomics IA based on Monetary policy that received 12/14 from the IB. The IA discusses the analysis and impact of how Zimbabwe’s central bank decided to hike the interest rates to 70% intending to combat sharp collapse in domestic currency, upsurge in inflation, and lighten the impact on exchange rate. There has been rife speculation that Zimbabwe is returning towards its disastrous 2009 hyperinflation due to its poor economic reforms ever since.
IB Economics IA : Macroeconomics Monetary Policy (Interest Rates)
Last document update:
ago
This is a Macroeconomics IA based on Monetary policy that received 12/14 from the IB. The IA discusses the analysis and impact of how Zimbabwe’s central bank decided to hike the interest rates to 70% intending to combat sharp collapse in domestic currency, upsurge in inflation, and lighten the impact on exchange rate. There has been rife speculation that Zimbabwe is returning towards its disastrous 2009 hyperinflation due to its poor economic reforms ever since.
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